Nigeria's Outlook Shifts to 'Positive' From 'Stable' as National Reforms Yield Results, S&P Says
11:19 15.11.2025 (Updated: 11:24 15.11.2025)
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Nigeria's Outlook Shifts to 'Positive' From 'Stable' as National Reforms Yield Results, S&P Says
The agency upgraded Nigeria’s position on Friday, adjusting the sovereign credit ratings status to а "B-/B" score.
"The monetary, economic, and fiscal reforms being implemented by Nigerian authorities will yield positive benefits over the medium term," S&P noted in a statement.
The effect of President Bola Tinubu’s reforms is evident in several key areas, according to the S&P rating:
🟠notable improvement in external, fiscal, economic, and monetary indicators;
🟠guiding these indicators onto a more positive and stable trajectory.
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